The story of this market
The typical home in ZIP 59751 sells for about $750,000, or $485 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 59751 — Silver Star
The West Yellowstone market remains stable, driven by high demand for tourism-adjacent real estate and limited inventory. Prices have seen modest growth, though the market is constrained by geographic boundaries and seasonal economic cycles.
This ZIP is best suited for investors seeking short-term rental opportunities, seasonal residents, and outdoor enthusiasts. It is generally not suitable for traditional commuters due to the extreme distance from major employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 142 days on market with 8.2 months of supply — a slower-moving market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 7.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 59758, Gallatin County MT
Crime rates in West Yellowstone are generally low, consistent with small, tourism-dependent mountain communities. Reported incidents are primarily related to property theft or seasonal visitor-related disturbances.
The area is served by the West Yellowstone School District, which provides K-12 education in a small, rural setting. Schools are generally well-regarded for their small class sizes and community integration.
The region faces significant wildfire risk due to its location in a forested, high-altitude environment. Insurance premiums are elevated and availability can be constrained by wildfire exposure.
Economic momentum is driven almost exclusively by tourism related to Yellowstone National Park. Infrastructure development is limited by geographic isolation and seasonal demand cycles.
Property taxes are assessed by Gallatin County based on market value, with mill levies determined by local school and municipal districts. Montana does not have a general sales tax, which shifts the tax burden toward property owners.
Commuting is primarily local within the town, as the nearest major employment hub, Bozeman, is approximately 90 miles away. Transit options are non-existent, requiring personal vehicle use for all regional travel.
The area is a premier destination for outdoor recreation, including snowmobiling, fly fishing, and hiking. It serves as a primary gateway to Yellowstone National Park, offering immediate access to world-class wilderness amenities.
The rental market is heavily skewed toward seasonal and short-term vacation rentals due to the tourism economy. Long-term rental inventory is extremely tight, creating significant pressure on local workforce housing.
The economy is almost entirely dependent on the tourism and hospitality sectors. Major employers include park concessionaires, lodging providers, and local government services.
Transportation is limited to highway access via US-191 and US-20. There is no public transit infrastructure serving the area.
Development is strictly constrained by the surrounding national forest and park boundaries. Most projects are small-scale renovations or hospitality-focused improvements.
Parcels are subject to Gallatin County property tax levies, including school district and emergency service district assessments.
Property insurance is difficult to secure and expensive due to high wildfire risk ratings in the wildland-urban interface.
Data retrieved from data.census.gov for ZCTA 59758.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The primary anchor attraction for the region, providing global tourism draw.
Provides seasonal commercial air service to the town.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.